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Financial Statements of a Manufacturing Firm The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations as

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Financial Statements of a Manufacturing Firm The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations as a producer of digital video monitors: a. Purchased $142,900 of materials. b. Used $126,600 of direct materials in production. cincurred $305,300 of direct labor wages. d. Incurred $101.800 of factory overhead e. Transferred 5508,800 of work in process to finished goods. 1. Sold goods for $742,000. 0. Sold goods with a cost of $445,200 h. Incurred 5106,000 of selling expense. 1. Incurred $67,800 of administrative expense. using the information given, complete the following: a. Prepare the January income statement for Technology Treasures Manufacturing Company Technology Treasures Manufacturing Company Income Statement For the Month Ended January 31 Operating

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